Saint Paul, Minn. -- Today, House DFL legislators who represent the most impacted areas from civil unrest announced the PROMISE Act -- a comprehensive plan to help businesses rebuild and recover, many of which are Black, immigrant, and communities of color-owned.
PROMISE stands for Providing Resources, Opportunity and Maximizing Investments in Striving Entrepreneurs. The PROMISE Act is a top special session priority for DFL legislators and is inspired by what many saw and heard from community members and business owners during tours of property damage in Minneapolis and Saint Paul.
"We must take immediate action to support and rebuild our wounded communities. The Promise Act will support our communities in an equitable and holistic way so we can rebuild for and by the community," said Rep. Hodan Hassan (DFL - Minneapolis). "These commercial hubs are the lifeblood of our minority and immigrant communities. By rebuilding with an intentional focus on equity we can avoid the devastating effects of gentrification."
The legislation would:
“While we work on long-needed and overdue racial justice and police accountability legislation, we must also help our impacted businesses and communities recover and rebuild,” said House Majority Leader Ryan Winkler. “These are strong economic and cultural centers of our cities, and we have to help them in a way that promotes equity and prevents gentrification. The extensive property damage and loss in these communities requires us to take urgent action and deliver results.”
“Our communities and these businesses, many of them minority-owned and already struggling due to the ongoing COVID-19 pandemic, need resources to rebuild,” said House Speaker Melissa Hortman. “Today, we’re putting forward a comprehensive plan to help those impacted, that puts equity at the center of our recovery efforts. The Legislature must move quickly to help these communities recover. I want to thank Majority Leader Winkler for agreeing to lead this important work, and the Minneapolis and St. Paul legislative delegations and city staff for their collaborative work on this proposal.”